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Mansion Global Daily: A Price Record in Sight in Sarasota, Hong Kong Ranks as Most Unaffordable Housing Market, and More
Mansion Global’s daily round-up of the latest luxury real estate news from around the world By Mansion Global Staff |
Originally Published On February 23, 2021 | Mansion Global
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Hong Kong Ranks as Most Unaffordable Housing Market
For the 11th year running Hong Kong has ranked as the least-affordable housing market in the world, according to a report from the Urban Reform Institute and the Frontier Centre for Public Policy. In 2020, a combination of falling incomes and growing property prices hit affordability in the region. The median property price was 20.7 times the median household income in 2020, almost flat from 2019. The Business Times
Vancouver ranks second most severely unaffordable major housing market in international study straight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straight.com Daily Mail and Mail on Sunday newspapers.
Hong Kong homes ranked world s least affordable, Vancouver second worst vancouversun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vancouversun.com Daily Mail and Mail on Sunday newspapers.